Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
CGEP non-resident Fellow Robin Mills writes that Iran has missed many chances to use its energy resources strategically and now that the US has withdrawn from the JCPOA its economic survival depends on maintaining some unlikely diplomatic and commercial alliances.
Writing in Foreign Policy, Jason Bordoff argues that President Trump wanted to be energy independent, but he’s forcing his country to get more deeply involved in the global oil market with his decision to withdraw from the Iran deal.
On a new episode of Columbia Energy Exchange, host Jason Bordoff sits down with Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA), to discuss key issues influencing the global energy sector.
Chairman and former CEO, Pioneer Natural Resources
U.S. oil production from shale will reach nearly 7 million barrels a day in May – roughly the same amount as the entire U.S. production of oil five years ago. Nearly half of this shale output will come from the Permian Basin, the stretch of shale...
Senior director, Cuba Program, Environmental Defense Fund
It may not seem likely for a while, but Cuba will drill for oil again off its coast, not far from Florida. And when that happens, new concerns will arise over the safety of the exploration and production that will take place, and whether they...